Tag Archives: kraken

The price of Bitcoin (BTC) on major exchanges has dropped by approximately 2.9 percent to $10,558.60 over the past 24 hours, as of press time —sparking widespread declines throughout the wider cryptocurrency market.Tokens relating to decentralized finance have seen particularly harsh declines of late, and BTC’s drop in valuation since a failure to push higher over the weekend hasn’t done DeFi tokens any favors.The cryptocurrency market is rapidly losing valuation today. Source: Coin360Where...

The Wyoming Banking Board has voted to approve an application for a special purpose depository institution (SPDI) charter of Kraken.In essence, Kraken has officially become the very first cryptocurrency exchange to become a newly chartered bank in the US since 2006, according to a NASDAQ report.This means that the exchange will get access to the existing federal payments infrastructure.It will also allow Kraken to further integrate funding and banking options to its clients, said the managing...

As of late, bitcoin has not been the crypto space’s top performing coin. In fact, over the past few weeks, BTC has lost roughly $2,000 from its price, falling from about $12K to the low $10,000 range. According to San Francisco-based digital trading exchange Kraken, things could potentially get a lot worse for the world’s number one digital currency by market cap.Kraken: Things Will Not Be Good This SeptemberIn a recent report, Kraken reminded all traders and investors that September is,...

Bitcoin and cryptocurrency exchange Kraken says that the drop in BTC’s volatility is not the end of the story. Historical observations suggest that after losing gains and remaining lifeless on the trading front, Bitcoin will galvanize into action soon, to end the year on an explosive note.Despite September Crash, Kraken Bitcoin Volatility Report Has Optimism Written All Over ItA few hours ago, cryptocurrency exchange heavyweight released its August 2020 Bitcoin volatility report. As per the...

Early traders of Polkadot’s new DOT token have come in for an unfortunate surprise, as two prominent exchanges decided to list the token ahead of its “redenomination” despite warnings from the project.The redenomination, due to take place on August 21, will see the new DOT denominated at one-hundredth of the value of the DOT (old), following a community vote. However, the project hasn’t sanctioned any exchange listing before the event on August 21 due to the risks involved.DOT’s Road So...

Earn Up to 12% Returns Staking Polkadot and Cosmos Starting August 18 Kraken is expanding its on-chain staking services to include support for Polkadot (DOT) and Cosmos (ATOM). Starting August 18, this means clients can earn an annual return of 12% staking Polkadot and 7% staking Cosmos directly through their Kraken accounts. Kraken launched its best-in-class staking service...

The veteran US-based cryptocurrency exchange Kraken will enable trading and staking services for Polkadot (DOT) starting August 18th. The addition comes shortly after the sharded multichain network raised over $40 million in its second private token sale.Kraken To Add DOT Trading And StakingAccording to the statement from the US exchange, Polkadot is “coming to Kraken, but not without important changes before trading begins.” During Polkadot’s first stakeholder vote, opened to any DOT token...

A report issued by San Francisco-based cryptocurrency exchange Kraken says that bitcoin’s volatility is at an all-time low, and that the currency could potentially shoot up another 200 percent in the coming months.Kraken Says Bitcoin’s Volatility Is Super LowAt the time of writing, the world’s number one cryptocurrency by market cap has surged into the $11,800 range after spending the last few days trading for approximately $11,500. This marks a $300 surge in just 24 hours. The currency was...

According to a recent report, three US-based cryptocurrency exchanges, namely Gemini, Coinbase, and Kraken, remain the platforms with the highest-ranking during Q2 2020.The paper also added that only 15% of exchanges claimed that they store more than 95% of their digital asset holdings in cold wallets.Top-Rated Cryptocurrency ExchangesIn its July report analyzing the performance of most cryptocurrency exchanges, CryptoCompare has utilized several features to separate and grade them. Those...

In a recent interview with Real Vision boss Raoul Pal, Kraken CEO Jesse Powell said some startling things.According to him, Bitcoin’s anonymous creator Satoshi Nakamoto may have foreseen a bigger financial crisis than 2008’s Great Recession.Jesse Powell: ‘Satoshi Saw a Bigger Bubble Coming’The second to last talk of Real Vision’s exclusive ‘The Crypto Gathering Webinar’ saw Bitcoin and crypto exchange Kraken’s CEO Jesse Powell talk about a lot of insightful stuff.However, things took an...